3528 Mount Vernon Street
Philadelphia, PA 19104
- – beds
- – baths
- – sqft
- 3,900 sqft lot
INTRODUCING 3528 MOUNT VERNON - A prime QOZ (Opportunity Zone) multifamily development opportunity in the University City submarket of Philadelphia, Pennsylvania. With 18 units (46 beds) in a proposed 19,500 SF structure, this asset will command the city’s most robust rental demand for generations to come. Surrounded by the “Eds and Meds” economic engine that powers Philly, there are billions of dollars in active stage developments nearby — including Science Center, Schuylkill Yards, Amtrak’s 30th Street Station master plan, and campus expansion efforts from leading universities Penn and Drexel. The property can be positioned for student housing for the universities but it can equally accommodate young professionals, academics, post-graduates, etc. Penn Presbyterian, HUP and CHOP are several of the world-class healthcare systems operating nearby. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible to verify taxes and entitlements in DD. Lot dimensions are approximate. Renderings for illustrative purposes.
Last checked:
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Last updated Feb 11, 2025
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MLS# PAPH2384640 —
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:BETWEEN 35H AND 36TH ON MT VERNON.
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Cross Street:35TH
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Latitude:39.96425247
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Longitude:-75.19432831
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Location Type:Urban
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.09
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Lot Size Source:Assessor
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Lot Size Dimensions:105.00 X 65.00
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Lot Dimensions Source:Estimated
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Lot Features:Corner, Irregular
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Lot SqFt:3,900 Sqft
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Additional Parcels:No
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Zoning:RSA5
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View:City
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:SR
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 606-1095
- Office phone:
- (609) 399-5454
Taxes
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Tax ID Number:774268000
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Tax Year:2024
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Tax Lot:136
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:University City
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/11/25
Feb 11, 2025
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Price Changed | BRIGHT | $850,000 | -5.6% |
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11/7/24
Nov 7, 2024
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Price Changed | BRIGHT | $900,000 | -5.3% |
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8/8/24
Aug 8, 2024
|
Listed / Active | BRIGHT | $950,000 |
